Rotunda Capital Partners (Rotunda), an operationally focused, lower middle-market private equity investment firm, has sold MacQueen Equipment (MacQueen), a distributor of environmental and emergency equipment solutions.
Established in 1961 and headquartered in St Paul, Minnesota, MacQueen is one-stop shop provider of critical environmental, infrastructure and emergency equipment, aftermarket parts and service and safety products and accessories to municipalities, fire departments and commercial customers.
Since partnering with Rotunda in late 2018, the Company has achieved transformational growth. Through seven acquisitions and strategic operational investments, the Company has tripled in size to become a super-regional distributor with 15 locations in 12 states.
Dan Gage, CEO and president of MacQueen, will continue to lead the business with the existing management team.